S2R - S2 Resources

[Dona Ferentes]

You should pick this in the 2025 full year tipping comp finicky. I'll do your monthly updates for you.

can't, it's less than 10c

 

[Sean K]

This is very unexciting.

Soil sampling. Wow.

I bought this because finicky told me to, but I also thought they had all the data and drilling conducted around Fosterville by the previous owners. Hundreds of holes that they could use to vector in on and diamond drill into a Swan Zone. Now, they're soil sampling and doing IP so they can put a few aircore and/or RC holes in the ground. They will not find a Swan Zone at 2km depth...

 

[Kyngdom]

2025 is the year for S2R to shine the same as CHN did in 2020....IMO
Land access agreements have been difficult around Fosterville of late...Hence road side drilling...
FGM hearing into the mine expansion completed on DEC 13th 2024 and the VIC Govt has 40 days (usually 30 days but extended over Christmas) so around 22nd Dec And if 10 year approval granted with conditions then there could be some M and A given the fact that the Lower Phoenix zone that housed the swan zone butts up to S2R land holding and they totally surround the mine site...
Glenlogan should get another hole in Jan to test the theory that there are later time mineralised intrusions in or around the target zone they have drilled in 24..

www.s2resources.com.au/documents/ASXAnnouncement241028EncouragingresultsfromfirstholeatGlenlogan.pdf

The next target will need to be chosen carefully IMO as capital will be needed shortly they went into hibernation the last quarter with limited exploration activity to conserve cash so expect some fireworks in 2025 IMO DYOR....



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What I said last month - also Valkea resources DD results out Feb from Finland (44.6% owned by S2) and Tensor induced polarisation/magnetotelluric (TIP/MT) geophysical surveys start this week over the copper-gold porphyry target drilled in late 2024• Aim is to map potential hydrothermal alteration zones around the fringes of the recently drilled magnetic target to guide location of potential follow up drill hole and In addition to the above, the Company is also assessing the exploration merits of areas where underground development by Agnico Eagle indicates the potential for gold mineralisation proximal to, or crossing over, the tenement boundary onto S2’s ground...Agnico mine expansion (Sustained Operations Project) hearing results out any day...